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RE: Why SMTs are not a distraction but a necessity

in #smt • 7 years ago

@cryptoctopus,
If I am not mistaken this mechanism was used by ETH platform and they made ultimate benefits by doing that! But SMT is something much more complex than ETH platform and according to this update (what I feel is ) it will most likely boost demand for STEEM!
Actually this is a brilliant idea and hope STEEM price will rise up-to $3 margin before the end of this year (That's what I believe)! Thank you very much for sharing such wonderful article and explain the process very well!

Cheers~

7 years ago in #smt by
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     7 years ago  

    Hello @theguruasia

    But SMT is something much more complex than ETH platform and according to this update (what I feel is ) it will most likely boost demand for STEEM!

    If the SMT White Paper seems complex to you and you want a detailed explanation then check out @dragosroua blog, he started an explanatory series today.

    @ogochukwu

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     7 years ago (edited) 

    @ogochukwu,
    I think you missed this from his explanation :D By the way I missed generation mechanism my bad :/
    the SMT generation mechanism is way more complex than just a token issuance on the Ethereum platform.
    https://steemit.com/life/@exyle/vlog-102-a-concern-about-smt-s-on-the-steem-blockchain

    Cheers~

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